bn:00029686n
Noun Concept
Categories: Production economics, Articles with short description
EN
economy of scale  economies of scale  Advantage of size  Advantages of size  economics of scale
EN
The saving in cost of production that is due to mass production WordNet 3.0
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EN
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. Wikipedia
A firm’s average cost savings from greater output Wikipedia Disambiguation
The cost advantages that enterprises obtain due to size, throughput, or scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output Wikidata
The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit. Wiktionary
The characteristics of a production process. Wiktionary (translation)